SMA
Smartstop Self Storage REIT Inc
NYSE · Real Estate · REIT - Specialty · US
$32.58
−1.57%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 160.5M | 281.1M | 237.0M | 233.0M | 206.3M |
| Cost of Revenue | 170.4M | 255.1M | 137.2M | 74.5M | 57.4M |
| Gross Profit | (9.9M) | 26.1M | 157.7M | 158.5M | 148.9M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 37.7M | 38.2M | 29.9M | 27.5M | 28.3M |
| General & Admin Expense | 37.7M | 38.2M | 29.9M | 27.5M | 28.3M |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | (94.7M) | (71.2M) | 58.5M | 60.4M | 54.8M |
| Total Operating Expenses | (57.0M) | (33.0M) | 88.5M | 87.9M | 83.0M |
| Cost and Expenses | 113.4M | 222.1M | 167.8M | 162.4M | 140.5M |
| Operating Income (EBIT) | 47.1M | 59.0M | 69.2M | 70.6M | 65.9M |
| Non-Operating | |||||
| Interest Income | 7.0M | 4.4M | 3.2M | 3.4M | 1.8M |
| Interest Expense | 52.3M | 59.9M | 72.3M | 61.8M | 41.5M |
| Net Interest Income | (45.3M) | (55.5M) | (69.1M) | (58.4M) | (39.7M) |
| Other Non-Op Income/Expense | (14.6M) | (58.9M) | (73.6M) | (61.6M) | (44.8M) |
| Non-Operating Income (excl Interest) | (37.7M) | (1.0M) | 1.3M | (231.0K) | 3.2M |
| EBT (Pre-Tax Income) | 32.5M | 164.0K | (4.4M) | 9.1M | 21.1M |
| Income Tax Expense | 1.7M | 1.9M | 1.5M | (2.6M) | (555.0K) |
| Bottom Line | |||||
| Net Income | 28.8M | (1.5M) | (5.6M) | 9.8M | 18.8M |
| Earnings from Cont. Ops | 30.8M | (1.7M) | (5.9M) | 11.6M | 21.7M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 28.8M | (2.2M) | (18.4M) | (3.1M) | 6.3M |
| Per Share | |||||
| Basic EPS | $0.51 | ($0.19) | ($0.19) | ($0.03) | $0.07 |
| Diluted EPS | $0.51 | ($0.20) | ($0.19) | ($0.03) | $0.07 |
| Revenue Per Share | $2.90 | $5.94 | $2.45 | $2.41 | $2.24 |
| Shares | |||||
| Basic Shares Outstanding | 55.3M | 47.3M | 96.6M | 96.8M | 91.9M |
| Diluted Shares Outstanding | 55.5M | 47.3M | 96.6M | 96.8M | 92.1M |
| Profitability Metrics | |||||
| EBITDA | 155.5M | 133.3M | 124.0M | 131.1M | 127.2M |
| D&A | 79.3M | 73.2M | 56.1M | 60.2M | 64.6M |
| EBIT | 76.2M | 60.1M | 67.9M | 70.9M | 62.6M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026